Updates

Ramsdens

February 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The VC backer placing the rump of its shares last year went unnoticed and it has taken excellent interims to galvanise the share price to new highs.For the six months to end September, sales were up 18% to £21.8m and both pretax profit and eps went up by 63% to £5.2m and 13.4p, respectively. Net cash went up £3.7m to £13.4m. During the period, the store count went down by one to 123 as two stores were merged but RFX has agreed / signed leases on four stores and remains committed to 12 new units a year.Regular readers will recall that the model is to leverage this store estate by generating income streams from four key areas - FX, pawnbroking, retail and precious metal scrapping.The gr ...

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Scientific Digital Imaging

Footasylum

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Ramsdens (March 2024)

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Ramsdens - Eps forecasts climb 6% for this year and next (November 2022)

Ramsdens Holdings - FX yield jumps from 2.1% to 3.6% (July 2022)

Ramsdens - FX volumes climb as travel resumes (February 2022)

Ramsdens - Could exceed expectations (January 2020)

Ramsdens - Beneficiary of higher gold price (July 2019)

Ramsdens (July 2018)

Ramsdens - 'Materially ahead of forecasts' (October 2017)

Ramsdens - Pawnbroker but with travel money activity (July 2017)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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